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Old 23rd Nov 2004, 17:46
  #14 (permalink)  
UL730

Cut & Paste Intellectual
 
Join Date: Jul 2003
Location: Durham UK
Posts: 114
HN1708 - you are correct. The aircraft have been impounded and "writs nailed to masts" The airport is owed a very substantial amount - and it was growing daily. Given the aged analysis of creditors I have seen - they have shown forbearance and given ample opportunity for the Club to trade its way out of difficulties or deliver rescue plan.

They are not the only large and voracious creditor hovering presently.

Very sad background to the saga.
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